Lightspeed Commerce (TSE:LSPD) Stock Price Up 2.3% – What’s Next?

Lightspeed Commerce Inc. (TSE:LSPDGet Free Report) shares traded up 2.3% during trading on Tuesday . The company traded as high as C$23.71 and last traded at C$23.61. 498,936 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 632,408 shares. The stock had previously closed at C$23.09.

Lightspeed Commerce Stock Performance

The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.05 and a current ratio of 6.19. The stock has a market capitalization of C$3.36 billion, a P/E ratio of -16.56 and a beta of 2.69. The business has a 50-day moving average price of C$23.22 and a 200 day moving average price of C$20.34.

Lightspeed Commerce Company Profile

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Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.

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